Producer Prices for the Industrial Sector for July 2012
By CnAgri2012-08-09 15:31:08
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In July 2012, Producer Price Index (PPI) for manufactured goods decreased 2.9 percent, year-on-year, and 0.8 percent decrease month-on-month. The purchasing price index for manufactured goods went down by 3.4 percent year-on-year, and 0.8 percent decrease month-on-month. In the average from January to July, the PPI decreased 1.0 percent, year-on-year, the purchasing price index for manufactured goods went down by 0.8 percent year-on-year.
1. Year-on-Year Changes of Prices of Different Categories
The year-on-year change of producer prices for means of production decreased 3.9 percent. In which, producer prices for mining and quarrying industry decreased 6.2 percent; that of raw materials industry decreased 4.5 percent, that of manufacturing and processing industry decreased 3.4 percent. Producer prices for consumer goods went up by 0.4 percent. Of which, producer prices for foodstuff increased 0.8 percent, that of clothing increased 1.9 percent, that of commodities up by 0.6 percent, while that of durable consumer goods dropped 1.2 percent.
The year-on-year purchaser price indexes for non-ferrous metal materials and wires decreased 9.1 percent, ferrous metals declined 7.7 percent, chemical raw materials decreased 6.1 percent, fuel and power decreased 1.7 percent, wood and pulp fell by 0.1 percent.
2. Month-on-Month Changes of Prices of Different Categories
The month-on-month change of producer prices for means of production decreased 1.0 percent. Of the total, producer prices for mining and quarrying industry decreased 3.7 percent, that of raw materials industry decreased 1.5 percent, that of manufacturing and processing industry dropped 0.5 percent. Producer prices for consumer goods remained at the same level month-on-month (the amount of change was 0). Of which, producer prices for foodstuff, clothing, and durable consumer goods remained at the same level, while that of commodities decreased 0.1 percent.
The month-on-month purchaser price indexes for non-ferrous metal materials and wires decreased 0.4 percent, ferrous materials fell by 1.0 percent, chemical raw materials went down 1.1 percent, fuel and power decreased 2.2 percent.
